International. As demand for data centers continues to increase, JLL announced an agreement to acquire SKAE Power Solutions (SKAE), a New York-based provider of data center project management and technical services.
This acquisition of SKAE enables JLL to deliver solutions across the entire data center lifecycle and adds significant technical depth to its existing offerings. The transaction is expected to close shortly, subject to customary closing conditions.
"As we help clients address changing real estate needs driven by increased data center demand, we welcome the SKAE team and are excited to enhance our technical service delivery for our clients' critical assets," said Neil Murray, CEO of Work Dynamics. , JLL. "With the continued growth of the global data center market, we are seeing an increased opportunity to provide the specialized expertise needed to manage and maintain these assets. This acquisition immediately enhances our ability to expertly support our customers' data center solutions now and in the future. the future."
JLL's recent Global Data Center Outlook report revealed how AI and machine learning are causing a fundamental shift in data center design, site selection, and investment approach. Over the next five years, consumers and businesses will generate twice as much data as all the data created in the last 10 years, causing data center storage capacity to grow from 10.1 zettabytes (ZB) in 2023 to an expected 21.0 ZB in 2027.
Expertise in planning and engineering, critical infrastructure installation, testing, facility maintenance, and operations will enhance JLL's ability to support customers with critical data center site selection, design, testing and commissioning, upgrades, and operations management.
